KARACHI, May 13, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Friday, May 13, 2022.
These rates are established based on the weighted average rates provided by commercial banks and are disseminated for informational purposes only, according to a statement by the SBP.
The SBP emphasized that the data represents estimates quoted by various commercial banks to their clients and serves as indicative exchange rates for commercial transactions between banks and customers.
Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of May 13, 2022:
• AED (United Arab Emirates Dirham):
• Buying: PKR 52.5168
• Selling: PKR 52.6278
• AUD (Australian Dollar):
• Buying: PKR 132.7976
• Selling: PKR 133.0765
• CAD (Canadian Dollar):
• Buying: PKR 148.2386
• Selling: PKR 148.5430
• CHF (Swiss Franc):
• Buying: PKR 192.3047
• Selling: PKR 192.7126
• CNY (Chinese Yuan):
• Buying: PKR 28.3689
• Selling: PKR 28.4271
• EUR (Euro):
• Buying: PKR 200.4176
• Selling: PKR 200.8555
• GBP (British Pound):
• Buying: PKR 235.5210
• Selling: PKR 236.0284
• JPY (Japanese Yen):
• Buying: PKR 1.4966
• Selling: PKR 1.4999
• SAR (Saudi Riyal):
• Buying: PKR 51.3978
• Selling: PKR 51.5050
• USD (United States Dollar):
• Buying: PKR 192.7602
• Selling: PKR 193.1830
The SBP’s provision of exchange rates is vital to ensuring transparent and efficient foreign exchange transactions in Pakistan. These rates serve as important benchmarks for businesses and individuals involved in international trade and finance.
Customers are advised to stay informed with their respective banks for real-time rates before engaging in any foreign currency transactions due to the dynamic nature of foreign exchange markets. The SBP remains committed to fostering stability and transparency in the foreign exchange market, ensuring a fair and reliable system for businesses and individuals participating in cross-border transactions.
